According to the just released UCLA Anderson forecast, the state’s unemployment rate will peak at 8.7% at the end of next year.
Our forecast says it will peak at 9.6%.
For the sake of thousands of workers, I hope they are right and we are wrong. We will check back a year from now and see.
About the Author
Ethan Jacob
Author & Editor
I am Ethan Jacob Executive Director of the Center for Business and Policy Research at the University of the Pacific, where I have a joint faculty appointment in the Eberhardt School of Business and the Public Policy Program in the McGeorge School of Law..
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